The HoneyBaked Ham Company & Cafe vs Zoup! Fresh Soup Company Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The HoneyBaked Ham Company & Cafe vs Zoup! Fresh Soup Company including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
The HoneyBaked Ham Company & Cafe Franchise
Zoup! Fresh Soup Company Franchise
Investment $292,900 - $567,600$355,900 - $648,500
Franchise Fee $30,000$39,900
Royalty Fee 6%6%
Advertising Fee 3.25%1%
Year Founded 19571998
Year Franchised 19982003
Term Of Agreement 7 years5 years, Renewable for 3 additional 5 year periods
Term Of Agreement 7 years5 years, Renewable for 3 additional 5 year periods
Renewal Fee --


Business Experience Requirements

 
The HoneyBaked Ham Company & Cafe Franchise
Zoup! Fresh Soup Company Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • Restaurant experience is helpful but not required
  • Strong Management Skills Important

  • Financing Options

     
    The HoneyBaked Ham Company & Cafe Franchise
    Zoup! Fresh Soup Company Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/NoNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/Yes
    Payroll No/NoNo/Yes

    Training & Support

     
    The HoneyBaked Ham Company & Cafe Franchise
    Zoup! Fresh Soup Company Franchise
    Training Comprehensive two-week training, both in-store and in a classroom. Ongoing training through conferences and webinars. On-The-Job Training: 97 hours Classroom Training: 25 hours On-The-Job Training: 72 hours Classroom Training: 40 hours
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet PlatformPurchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    Operations 25% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 7 - 10

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    30% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 10 - 14

    Absentee Ownership Allowed


    Expansion Plans

     
    The HoneyBaked Ham Company & Cafe Franchise
    Zoup! Fresh Soup Company Franchise
    US Expansion YesNo
    Canada Expansion NoYes
    International Expansion NoNo

    Company Overviews

    About The HoneyBaked Ham Company & Cafe

    After inventing the spiral slicer, Harry Hoenselaar founded The HoneyBaked Ham Co. and Cafe in 1957. Family-owned and operated for three generations, the company has more than 300 locations in the United States. Incorporated in 1974, the Atlanta-based company has a catalog division, corporate sales businesses and a temporary holiday store system. The company purchased The Hickory Ham Co. and its 40 franchise stores. In addition to its sweetly glazed ham, the company offers HoneyBaked turkey breast, side dishes, cheesecake, key lime pie and sandwiches. HoneyBaked Ham offers a corporate gift-giving program, employee recognition options, and catered meals for holidays and business functions.

    The total investment necessary to begin operation of a HoneyBaked Ham Store ranges from $292,900 to $567,600. This includes initial fees of $45,900
    to $50,500 that must be paid to the franchisor or their affiliate(s).
    If you sign an Area Development Agreement to develop multiple HoneyBaked Ham Stores, you will pay a Development Fee to the franchisor in the amount of $10,000 for each Store that you agree to develop.
    Veteran Incentives  $10,000 off first-store franchise fee
    "Entrepreneur
    #173 in Franchise 500 for 2020.
    #257 in Franchise 500 for 2021.









    About Zoup! Fresh Soup Company

    The first Zoup! opened in 1998 in Southfield, MI, a suburb of Detroit. Over the next five years, the founders opened five more Detroit-area locations, and in 2003 they began to franchise the concept. Zoup! restaurants feature 12 rotating daily varieties of soup, including low-fat, vegetarian, gluten and dairy free options. Made-to-order salads, sandwiches and baked goods are also available.

    Seeking new franchise units in Illinois, Michigan, Missouri, Ohio, Pennsylvania, Midwest, Northeast, West, Canada
    Veteran Incentives  $2,500 off franchise fee

    "Top
    #53 in Gator's Top franchises.